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The recent positive run in the cryptocurrency market has sparked a transfer of $1.4 billion worth of USDC to digital asset exchange, Coinbase. According to on-chain crypto analytics firm CryptoQuant, the highest inflow of the stablecoin USDC was recorded with $1.4 billion worth of the asset on Coinbase.
Circle has officially announced the integration of its USDC stablecoin with the zkSync ecosystem. This step is expected to change the liquidity and usability within zkSync, a layer 2 scaling solution to Ethereum that uses zero-knowledge proofs for better performance improvement and cost cut.
Circle has announced the integration of its USDC stablecoin natively into the zkSync ecosystem.
This strategic move heralds a new era of liquidity and functionality for users and developers within the zkSync ecosystem. As zkSync's official USDC, this move significantly boosts the platform's capabilities and user experience.
Circle plans to launch native USDC on zkSync to enhance liquidity and streamline transactions, gradually replacing bridged USDC from Ethereum.
The communication was from Max Branzburg, vice president of product of Coinbase, through an X post on the 27th of March. The announcement came from Max Branzburg, Coinbase's vice president of product, via an X post on March 27.
Coinbase plans to store more USDC on its Layer 2 solution Base, aiming for lower fees and faster transaction times.
In a strategic move aimed at taking advantage of lower fees and faster settlement times, Coinbase, one of the leading crypto exchanges, is gearing up to store a greater number of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution.
TL;DR Solana's Integration with Circle's CCTP: Solana has integrated Circle's Cross-Chain Transfer Protocol (CCTP) on its mainnet, enabling seamless USD Coin (USDC) transfer across eight blockchains. This marks a significant advancement in blockchain interoperability and efficiency.
This shift of USDC stablecoin to Base will provide faster settlement times and reduced transaction fees for Coinbase.com users.
KuCoin users have withdrawn a massive amount of Ethereum (ETH), USDT and USDC from the exchange over the past 24 hours.
Coinbase wants to optimize its management process by storing more of its USDC holdings on Base.
Coinbase is set to store more corporate and customer USDC balances on Base, the Ethereum layer 2 it incubated.
Coinbase announced a significant shift of USD Coin (USDC) stablecoin accounts to its Ethereum layer-2 blockchain, Base.
Coinbase announces the transfer of customer and corporate USDC balances to its Ethereum layer-2 blockchain, Base. This move is expected to improve fund management and security while reducing fees and settlement times.
Max Branzburg, the Vice President of Coinbase, has announced plans for Coinbase to migrate a greater number of customer and corporate accounts holding the USD Coin (USDC) stablecoin.
Binance's decision to cease Tron USDC support was communicated through a statement indicating that the change would take effect by April 5. However, transactions involving USDC via other supported networks, such as Ethereum, remain unaffected by this decision.
Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg.
Coinbase's move on-chain will carve a path toward a future on-chain financial system, claimed Bankless podcast co-host David Hoffman.
Coinbase said that it will store a greater amount of USDC on its Base network on March 26. Max Branzburg, Vice President of Product, announced the change on X.
American cryptocurrency exchange Coinbase is introducing more functionalities to its Layer-2 protocol Base Network, a feature that includes the storage of its user's USDC balance. Exchange Hints Base's New Functionality Max Branzburg, Vice President, Head of Consumer Products at Coinbase took to X to announce the next step that the company is taking with regards
Circle has deployed its Cross-Chain Transfer Protocol (CCTP) on the Solana (SOL) mainnet, allowing users to bridge USD Coin (USDC) across different blockchains. The CCTP uses the mint & burn mechanism to enhance USDC transfer across various networks.
Circle, the company behind the widely-used stablecoin USDC, has announced a significant expansion. It has launched its Cross-Chain Transfer Protocol (CCTP) within the Solana blockchain environment.
Circle, the issuer of popular stablecoin USDC, has partnered with Solana to bring its cross-chain transfer protocol to its blockchain ecosystem.
